Fishing boats have to be insured | Daily News


Fishing boats have to be insured

The Fisheries Ministry plans to make it mandatory for all fishing vessels to be insured before registration, State Fisheries Minister Dilip Wedaarachchi said.

The Minister has instructed authorities not to register any uninsured fishing vessel in order to prevent future damage recovery issues.

Having insurance coverage is important to provide quick relief to compensate fishermen for the loss of or damage to fishing vessels, gear and catch, in event of any type of disaster.

During the recent discussion held with the Minister, fishermen informed him that they face difficulties as some insurance schemes do not compensate for minor damage.

Considering this, the Minister instructed Fisheries Department heads to take necessary measures to cover even minor damage. 

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